It seems simple, but it is those video that I do not really get the point.
I rewatched it again, and somehow it gets a little bit clearer.
The debt cycle is like human.
We are optimistic, so we spend more, and with the help of credit.
The same human is like the economy.
When people are very positive and excited, we all put out our money to spend and invest.
Everything starts to go up.
That is when the down slope of the cycle happens.
Something burst, and slowly things get dragged down by it.
Then we go back to the way of cutting spending, and being thrithy.
We are also scared to invest, and work hard to survive.
But it is also the time when assets are good in value.
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